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Toshiba Expands Image Recognition Chip Offerings
11/14/2014Toshiba Corp. is introducing a new line of image recognition processors for automotive use.
U.S. Indicts Execs from NSK, Jtekt on Price Fixing
11/14/2014The U.S. Dept. of Justice has indicted two Japanese executive on charges of conspiring to fix prices and rig bids on bearings sold to Toyota Motor Corp.
Hyundai’s U.S. Sales Chief Quits
11/14/2014Steve Shannon has quit as vice president of marketing for Hyundai Motor Co.'s American operations.
Tata’s Net Income Drops 7%
11/14/2014Tata Motors Ltd.'s revenue rose 8% to 602 billion rupees ($9.7 billion) in the fiscal second quarter ended Sept. 30.
Eurozone Economy Grows 0.2%
11/14/2014The eurozone's gross domestic product expanded 0.2% from the second to third quarter of 2014, according to preliminary data from Eurostat.
VW Group Posts 3% Sales Gain in October
11/14/2014Volkswagen AG reports its worldwide group sales of passenger vehicle rose 3% to 842,700 units last month.
Takata Warns of Larger Losses on Airbag Recalls
11/14/2014Takata Corp. says it now expects to lose 25 billion yen ($214 million) in the current fiscal year on charges related to recalls of its defective airbag inflators.
GM’s Barra Skips Award After Ignition-Switch Protest
11/14/2014General Motors Co. CEO Mary Barra has opted not to show up in Washington, D.C., next week to receive an award praising her leadership in product safety and quality after complaints by victims of crashes caused by defective GM ignition switches.
Porsche Plans Aluminum Body for Next-Generation Panamera
11/14/2014Porsche AG is developing an aluminum body and new array of engines for the redesigned Panamera sedan due two years from now, Autocar reports.
Toyota Launches Three Global Recalls of 361,800 Vehicles
11/14/2014Toyota Motor Corp. said on Wednesday it is preparing to begin three recalls to fix safety defects in vehicles sold primarily in Europe and Japan, Reuters reports.